Construction Industry News

Trigono Developments Announce Residential Project In Dubailand

Trigono Developments Announce Residential Project In Dubailand

17th February 2019

Dubai, United Arab Emirates, 17 February 2019 – Dubai based real estate developer, Trigono developments, today announced the launch of its first residential project, The50, in Dubailand. The project located in Majan, Dubailand, comprises of a 10-storey building (2 basement and 10 floors), featuring one and two-bedroom apartments. [..]

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Work on Kanyemba floating bridge to start before Q2 2019

Work on Kanyemba floating bridge to start before Q2 2019

15th February 2019

According to *Constructionreviewonline news report, work on Kanyemba floating bridge that will link Zimbabwe, Zambia and Mozambique through Kanyemba border post is expected to start before the second quarter of this year, following finalizing processes for the introduction of the ferry boats on the Zambezi river by the Zambian authorities.[..]

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Union Properties reports net profit of US$ 15 mn for 2018

Union Properties reports net profit of US$ 15 mn for 2018

15th February 2019

According to *Tradearabia news report, Union Properties, a leading UAE real estate developer with a 30-year track record of delivering iconic residential developments, has reported a net profit of Dh62.33 million ($15 million) for 2018, up 19 per cent over the previous year when the company had registered a loss of Dh2.37 billion.[..]

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Seef Properties records net profit of US$ 29.2 mn

Seef Properties records net profit of US$ 29.2 mn

14th February 2019

According to *Tradearabia news report, Seef Properties, a leading real estate company in Bahrain, has recorded a net profit of BD11.12 million ($29.2 million) for 2018 compared to BD11.06 the previous year mainly due to its continued focus on partnerships and joint ventures and its diversification strategy.[..]

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